E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers T > Headlines for Tenders 2010 > News item
Published on 7/19/2010 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Thoresen Thai buys back $10.5 million in 2.5% convertibles due 2012

By Devika Patel

Knoxville, Tenn., July 19 - Thoresen Thai Agencies PCL said it repurchased and canceled $10.5 million of its $169.8 million in issued 2.5% convertible bonds due 2012.

The repurchase represents 9.26% of the $113.4 million principal amount of bonds that was outstanding.

Following the buyback, Thoresen Thai has $102.9 million of the bonds outstanding.

Thoresen Thai is a shipping company based in Bangkok.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.